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Statement by Ranking Member Bachus (R-6th, Alabama) regarding NASD-NYSE regulatory consolidation

| Posted in Press Releases

“This past weekend, member firms of NASD overwhelmingly endorsed a plan to combine NASD and NYSE member regulation into a single, self-regulatory organization. “This is good news for three reasons. First, it strengthens America’s competitiveness in the global marketplace. Second, it replaces an inefficient and moribund regulatory structure with one better suited to…

Bachus Announces Republican Staff of House Financial Services Committee

| Posted in Press Releases

Congressman Spencer Bachus (R-6th, Alabama), Ranking Member of the House Financial Services Committee, has announced the Republican staff members of the House Financial Services Committee. “Our staff reflects a great mix of governmental experience, private sector accomplishment, and educational excellence,” stated Ranking Member Bachus. “The members of this team…

Bachus Announces Republican Membership of Financial Services Subcommittees

| Posted in Press Releases

Congressman Spencer Bachus (R-6th, Alabama), Ranking Member of the House Financial Services Committee, today announced the Republican members for each of the Committee’s five subcommittees for the 110th Congress. Additionally, today Rep. Bachus announced that he has appointed Rep. Randy Neugebauer (TX) as the Deputy Ranking Member for the Financial Services Committee. …

Bachus Announces Republican Membership for Financial Services Committee

| Posted in Press Releases

Congressman Spencer Bachus (R-6th, Alabama), Ranking Member of the House Financial Services Committee, today announced the Republican members for the Financial Services Committee for the 110th Congress. In order of seniority, the members include: Rep. Spencer Bachus (AL) – Ranking Member Rep. Richard H. Baker (LA) Rep. Deborah Pryce (OH) Rep. Michael N. Castle (DE) Rep. Peter…

Ranking Member Bachus Announces Ranking Members for House Financial Services Subcommittees

| Posted in Press Releases

Congressman Spencer Bachus (R-6th, Alabama), Ranking Member of the House Financial Services Committee, today announced that the following members have been appointed to serve as ranking members of the committee's subcommittees. The appointments include: Rep. Paul Gillmor (R-5th, OH): Subcommittee on Financial Institutions and Consumer Credit. Rep. Deborah Pryce (R- 15th, OH):…

Bachus Reintroduces "Seasoned Customer Exemption Act"

| Posted in Press Releases

            Today, Congressman Spencer Bachus, Ranking Member of the House Financial Services Committee, joined with House Financial Services Chairman Barney Frank (D-4th, MA) in reintroducing legislation to relieve financial institutions from having to file Currency Transaction Reports (CTRs) for so-called "seasoned…

Bachus named Ranking Minority Member of the House Financial Services Committee

| Posted in Press Releases

Today the House GOP Conference named Congressman Spencer Bachus (R-AL) Ranking Republican of the House Financial Services Committee.   "This is a tremendous honor, and I'd like to thank incoming House Minority Leader John Boehner and the members of the GOP Steering Committee for entrusting me with this assignment," stated Bachus, a member of the Financial Services…